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Meta India apologised on Wednesday for Mark Zuckerberg's remark that the incumbent government in India lost power in the 2024 elections, calling it an "inadvertent error".

Meta apologises for Mark Zuckerberg's 2024 poll loss remark

Meta India apologised on Wednesday for Mark Zuckerberg's remark that the incumbent government in India lost power in the 2024 elections, calling it an "inadvertent error".

Amid the massive row over Meta boss Mark Zuckerberg's remark on the 2024 general election, an India representative of the social media giant apologised today for the "inadvertent error". 
<blockquote class="twitter-tweet">
Dear Honourable Minister <a href="https://twitter.com/AshwiniVaishnaw?ref_src=twsrc%5Etfw">@AshwiniVaishnaw</a> , Mark's observation that many incumbent parties were not re-elected in 2024 elections holds true for several countries, BUT not India. We would like to apologise for this inadvertent error. India remains an incredibly important country&hellip;
&mdash; Shivnath Thukral (@shivithukral) <a href="https://twitter.com/shivithukral/status/1879226796941750731?ref_src=twsrc%5Etfw">January 14, 2025</a></blockquote>
&nbsp;
&nbsp;
"Mark Zuckerberg's observation that many incumbent parties were not re-elected in the 2024 elections holds true for several countries, BUT not India. We would like to apologise for this inadvertent error. India remains an incredibly important country for Meta, and we look forward to being at the heart of its innovative future," Shivnath Thukral, Meta India's Vice President, said while responding to Union Minister Ashwini Vaishnaw's post on X.
The apology comes a day after BJP MP Nishikant Dubey, who heads the Parliamentary standing committee on Communication and Information Technology, said Meta would be summoned on grounds of spreading misinformation for Zuckerberg's remark.
"Misinformation on a democratic country maligns its image. The organisation would have to apologise to the Parliament and the people here for this mistake," Dubey said in a post on X.
In a podcast on January 10, the 40-year-old Facebook co-founder said the Covid pandemic had led to an erosion of trust in incumbent governments the world over. He incorrectly cited India's example in this connection. "2024 was a very big election year around the world and all these countries, India, had elections. The incumbents basically lost every single one. There is some sort of a global phenomenon - whether it was because of inflation or the economic policies to deal with Covid or just how the governments dealt with Covid. It seems to have had this effect that's global," he said.
Soon after, Union Minister Vaishnaw fact-checked the remark and said the people of India had reaffirmed their trust in the NDA led by Prime Minister Narendra Modi in last year's Lok Sabha election.
"As the world's largest democracy, India conducted the 2024 elections with over 640 million voters. People of India reaffirmed their trust in NDA led by PM @narendramodi Ji's leadership. Mr. Zuckerberg's claim that most incumbent governments, including India in 2024 elections, lost post-COVID is factually incorrect," Vaishnaw, who handles portfolios of Railways, Information and Broadcasting and Electronics and Information Technology in the Modi 3.0 government, said in a post on X.
"From free food for 800 million, 2.2 billion free vaccines, and aid to nations worldwide during COVID, to leading India as the fastest-growing major economy, PM Modi's decisive 3rd-term victory is a testament to good governance and public trust. Meta, it's disappointing to see misinformation from Mr. Zuckerberg himself. Let's uphold facts and credibility," he added.

Meta faces summons after Mark Zuckerberg’s comments on India’s 2024 elections, which included factual inaccuracies about incumbent losses.

Parliamentary panel summons Meta over Zuckerberg’s Indian election remarks

Meta faces summons after Mark Zuckerberg&rsquo;s comments on India&rsquo;s 2024 elections, which included factual inaccuracies about incumbent losses.

Social media giant Meta is set to face a summons from a Parliamentary Standing Committee following remarks made by its CEO, Mark Zuckerberg, regarding India's 2024 general election. Nishikant Dubey, BJP MP and chairman of the House panel on Communication and Information Technology, announced that Meta would be called to account for spreading misinformation about India's democratic processes. 
<blockquote class="twitter-tweet">
मेरी कमिटि इस ग़लत जानकारी के लिए <a href="https://twitter.com/Meta?ref_src=twsrc%5Etfw">@Meta</a> को बुलाएगी । किसी भी लोकतांत्रिक देश की ग़लत जानकारी देश की छवि को धूमिल करती है । इस गलती के लिए भारतीय संसद से तथा यहाँ की जनता से उस संस्था को माफ़ी माँगनी पड़ेगी <a href="https://t.co/HulRl1LF4z">https://t.co/HulRl1LF4z</a>
&mdash; Dr Nishikant Dubey (@nishikant_dubey) <a href="https://twitter.com/nishikant_dubey/status/1879070170486026564?ref_src=twsrc%5Etfw">January 14, 2025</a></blockquote>
&nbsp;
&nbsp;
&ldquo;Misinformation on a democratic country maligns its image. The organisation would have to apologise to the Parliament and the people here for this mistake,&rdquo; Dubey said in a post on X.
The controversy stems from Zuckerberg&rsquo;s statements during a podcast on January 10, where he inaccurately suggested that incumbent governments, including India&rsquo;s, lost power in the elections held in 2024. Discussing the global political landscape post-COVID, he remarked, &ldquo;2024 was a very big election year around the world, and all these countries, India, had elections. The incumbents basically lost every single one. There is some sort of a global phenomenon &ndash; whether it was because of inflation or the economic policies to deal with COVID or just how the governments dealt with COVID. It seems to have had this effect that&rsquo;s global.&rdquo;
Union Minister Ashwini Vaishnaw was quick to counter Zuckerberg&rsquo;s claims, pointing out the inaccuracies. He highlighted that the people of India had, in fact, reaffirmed their trust in Prime Minister Narendra Modi and the NDA government during the elections.
&nbsp;
<blockquote class="twitter-tweet">
As the world&rsquo;s largest democracy, India conducted the 2024 elections with over 640 million voters. People of India reaffirmed their trust in NDA led by PM <a href="https://twitter.com/narendramodi?ref_src=twsrc%5Etfw">@narendramodi</a> Ji&rsquo;s leadership. Mr. Zuckerberg&rsquo;s claim that most incumbent governments, including India in 2024 elections,&hellip;
&mdash; Ashwini Vaishnaw (@AshwiniVaishnaw) <a href="https://twitter.com/AshwiniVaishnaw/status/1878773353726759106?ref_src=twsrc%5Etfw">January 13, 2025</a></blockquote>
&nbsp;
&nbsp;
&ldquo;As the world's largest democracy, India conducted the 2024 elections with over 640 million voters. People of India reaffirmed their trust in NDA led by PM @narendramodi Ji's leadership. Mr. Zuckerberg's claim that most incumbent governments, including India in 2024 elections, lost post-COVID is factually incorrect,&rdquo; Vaishnaw stated on X.
He further detailed the government&rsquo;s achievements during its tenure, saying, &ldquo;From free food for 800 million, 2.2 billion free vaccines, and aid to nations worldwide during COVID, to leading India as the fastest-growing major economy, PM Modi's decisive 3rd-term victory is a testament to good governance and public trust. Meta, it&rsquo;s disappointing to see misinformation from Mr. Zuckerberg himself. Let&rsquo;s uphold facts and credibility.&rdquo;

Meta has announced a major shift in its content moderation policy, ending the US fact-checking program on Facebook and Instagram and introducing community notes.

Meta ends fact-checking program, shifts to community notes

Meta has announced a major shift in its content moderation policy, ending the US fact-checking program on Facebook and Instagram and introducing community notes.

Social media giant Meta on Tuesday slashed its content moderation policies, including ending its US fact-checking program on Facebook and Instagram, in a major shift that conforms with the priorities of incoming president Donald Trump.
"We're going to get rid of fact-checkers (that) have just been too politically biased and have destroyed more trust than they've created, especially in the US," Meta founder and CEO Mark Zuckerberg said in a post.
Instead, Meta platforms including Facebook and Instagram, "would use community notes similar to X (formerly Twitter), starting in the US," he added.
Meta's surprise announcement echoed long-standing complaints made by Trump's Republican Party and X owner Elon Musk about fact-checking, which many conservatives see as censorship.
They argue that fact-checking programs target right-wing voices, which has led to proposed laws in states like Florida and Texas to limit content moderation.
"This is cool," Musk posted on his X platform after the announcement.
The shift came as the 40-year-old tycoon has been making efforts to reconcile with Trump since his election in November, including donating one million dollars to his inauguration fund.
Trump has been a harsh critic of Meta and Zuckerberg for years, accusing the company of bias against him and threatening to retaliate against the tech billionaire once back in office.
Speaking to reporters at his Mar-a-Lago estate in Florida, when asked if he believed the move was a response to his threats against Zuckerberg, Trump responded: "Probably, yeah."
The Republican was kicked off Facebook following the January 6, 2021, attack on the US Capitol by his supporters, though the company restored his account in early 2023.
Angie Drobnic Holan, director of the International Fact-Checking Network, said the decision came after "extreme political pressure."
The move "will hurt social media users who are looking for accurate, reliable information to make decisions about their everyday lives and interactions with friends and family."
&nbsp;
- Ending 'Facebook jail' -
Zuckerberg, like several other tech leaders, has met with Trump at his Mar-a-Lago resort in Florida ahead of his January 20 inauguration.
Meta has made several moves in recent days that are likely to please Trump's team, such as appointing former Republican official Joel Kaplan to head up public affairs at the company.
He takes over from Nick Clegg, a former British deputy prime minister.
Zuckerberg also named Ultimate Fighting Championship (UFC) head Dana White, a close ally of Trump, to the Meta board.
Kaplan, in a statement Tuesday, insisted the company's approach to content moderation had "gone too far."
"Too much harmless content gets censored, too many people find themselves wrongly locked up in 'Facebook jail,'" he said.
As part of the overhaul, Meta said it will relocate its trust and safety teams from liberal California to more conservative Texas.
"That will help us build trust to do this work in places where there is less concern about the bias of our teams," Zuckerberg said.
Zuckerberg also took a shot at the European Union "that has an ever increasing number of laws institutionalizing censorship and making it difficult to build anything innovative there."
The remark referred to new laws in Europe that require Meta and other major platforms to maintain content moderation standards or risk hefty fines.
Zuckerberg said that Meta would "work with President Trump to push back against foreign governments going after American companies to censor more."
Additionally, Meta announced it would reverse its 2021 policy of reducing political content across its platforms.
&nbsp;
- Community Notes -
AFP currently works in 26 languages with Facebook's fact-checking program, in which Facebook pays to use fact-checks from around 80 organizations globally on its platform, WhatsApp and Instagram.
In that program, content rated "false" is downgraded in news feeds so fewer people will see it and if someone tries to share that post, they are presented with an article explaining why it is misleading.
Community Notes on X (formerly Twitter) allows users to collaboratively add context to posts in a system that aims to distill reliable information through consensus rather than top-down moderation.
Meta's move into fact-checking came in the wake of Trump's shock election in 2016, which critics said was enabled by rampant disinformation on Facebook and interference by foreign actors, including Russia, on the platform.

Meta's $1 million donation to Trump's inaugural fund illustrated a strategic effort to mend fences, reflecting a broader corporate diplomacy approach. Zuckerberg's leadership emphasized cooperation with political figures despite past tensions.

Meta donates $1 million to Trump’s inauguration fund

Trump had previously warned Zuckerberg in August that he would face severe consequences if he interfered with the 2024 election.

Meta has donated $1 million to Donald Trump&rsquo;s inaugural fund, a move aimed at improving its relationship with the president-elect, as reported by The Wall Street Journal.
Meta confirmed the contribution, which is designated for the expenses related to the presidential inauguration.
Mark Zuckerberg, CEO of Meta, has been working to repair ties with Trump. Although Zuckerberg did not publicly endorse a candidate in the 2024 election, he took steps toward reconciliation, including a Thanksgiving Eve dinner with Trump at his Mar-a-Lago resort.
This follows a period of tension, especially after Trump&rsquo;s removal from Facebook and Instagram in 2021 for his praise of those involved in the Capitol riots.
Trump had previously warned Zuckerberg in August that he would face severe consequences if he interfered with the 2024 election. However, Meta reinstated Trump&rsquo;s accounts on both platforms in January 2023.

Meta faces a ₹213 crore fine from India’s CCI over alleged misuse of WhatsApp’s 2021 privacy policy. The tech giant plans to challenge the ruling, citing strong disagreement with the verdict.

Meta Plans to Challenge CCI's ₹213 Crore Fine Over WhatsApp Privacy Policy

Meta faces a ₹213 crore fine from India&rsquo;s CCI over alleged misuse of WhatsApp&rsquo;s 2021 privacy policy. The tech giant plans to challenge the ruling, citing strong disagreement with the verdict.

India's competition regulator Competition Commission of India (CCI) has slapped a ₹213.14 crore fine on Meta, citing unfair business practices related to WhatsApp&rsquo;s controversial 2021 privacy policy update.
According to Press Release published on PIB, under the previous privacy policy dated 25.08.2016, WhatsApp users were given the option to decide whether they wanted to share their data with Facebook. However, with the latest policy update in 2021, WhatsApp made data sharing with Meta mandatory for all users, removing the earlier option to opt out.
The regulator has also directed Meta to cease anti-competitive practices and refrain from sharing WhatsApp user data with other Meta-owned applications for advertising purposes for a period of five years.
Meta&rsquo;s Response: Disagrees with Decision
Meta has expressed its disagreement with the CCI&rsquo;s ruling and plans to appeal. A Meta spokesperson stated, &ldquo;The 2021 update did not change the privacy of personal messages and was offered as a choice for users. No one lost access to their WhatsApp accounts due to this update&rdquo;.
The company clarified that the update aimed to introduce optional business features on WhatsApp and improve transparency regarding data collection and usage. Meta emphasized that WhatsApp continues to provide value to individuals and businesses alike, especially during COVID-19, by supporting small businesses and enabling essential citizen services.
Regulatory Conditions on Data Sharing
The CCI has barred WhatsApp from sharing data collected on its platform with other Meta companies for purposes beyond providing WhatsApp services. This restriction applies even for users who accepted the 2021 update.
To ensure transparency, WhatsApp must now include a detailed explanation of the type of user data shared with Meta companies and its specific purposes. Additionally, the CCI has mandated the introduction of an opt-out option through in-app notifications for all Indian users, granting them control over how their data is shared.
Path Forward for Meta and WhatsApp
Meta stated its commitment to finding a solution that aligns with the expectations of users and businesses while adhering to regulatory guidelines. The social media giant also highlighted the importance of WhatsApp&rsquo;s services in fostering India&rsquo;s economic growth by supporting small businesses and government initiatives.

Meta is all set to launch Llama 3, the new, more advanced version of its very own Large Language Model. According to the briefing, Llama 3 leverages Meta's AI Assistant technology, and marks a significant improvement over its predecessors. 

Meta details on upcoming open-source Llama 3 boosting AI assistants, launch scheduled for May 2024

Meta is all set to launch Llama 3, the new, more advanced version of its very own Large Language Model. According to the briefing, Llama 3 leverages Meta's AI Assistant technology, and marks a significant improvement over its predecessors. Here's all we know.

<h2>Meta is all set to launch Llama 3, the new, more advanced version of its very own Large Language Model. According to the briefing, Llama 3 leverages Meta's AI Assistant technology, and marks a significant improvement over its predecessors. Here's all we know.</h2>

Meta plans to publicly launch its latest open-source large language model, Llama 3, next month, as announced at the company's AI Day event in London.
This model, representing a significant evolution from its predecessors, is engineered to bolster Meta's generative AI assistants. It is destined for wide application across Meta's product suite, promising enhanced functionality and adaptability.
<h3>Llama 3's Enhanced Features and Performance</h3>
Llama 3 represents the next evolution in Meta's AI assistant technology, aiming to build on the foundation laid by its predecessors. It is designed to be a more potent large language model Meta AI, potentially equipped with over 140 billion parameters. This enhancement suggests a substantial improvement in the model's ability to reason and accurately answer a broader spectrum of questions, including those of a controversial nature.
<h3>Meta's Open-Source Philosophy and Emu Tool</h3>
Continuing its open-source approach, Meta intends for Llama 3 to be freely available to developers, encouraging innovation and application across a wide range of products and services. However, access to Meta's text-to-image/video generation tool, known as Emu, will remain restricted to a select group of users.
<h3>Insights from Meta's Leadership</h3>
Chris Cox, the Chief Product Officer, elaborated on plans for Llama 3's integration across Meta's diverse product ecosystem. Nick Clegg, highlighting the strategic rollout of Llama 3, mentioned the introduction of multiple versions of the model, each tailored with unique capabilities to enhance versatility and functionality across Meta's platforms.
Joelle Pineau and Yann LeCun provided additional insights into the goals and future directions of Meta AI assistants and AI technology, respectively. Pineau discussed ambitions to make Meta AI assistants more effective, while LeCun hinted at a future where AI development might pivot towards joint embedding predicting architecture (JEPA), moving beyond the current generative AI models.
<h3>Strategic Development and Future Prospects</h3>
Following the public release of Llama 2 in July 2023, Llama 3 is poised to address and surpass the limitations observed in earlier versions, introducing new functionalities aimed at enhancing user experience and broadening the model's applicability.
Meta's strategy includes launching various versions of Llama 3, indicating a significant investment in AI's future and its application across Meta's suite of products and services.
Also watch: <a href="https://www.editorji.com/tech-news/mobiles/nubia-flip-5g-foldable-smartphone-launched-with-mid-range-specs-check-price-and-more-1712741627864">Nubia Flip 5G foldable smartphone launched with mid-range specs: Check price and more</a>

The deal between Meta, led by Mark Zuckerberg, and Reliance was allegedly finalized following discussions at the pre-wedding festivities of Anant Ambani in Jamnagar in early March

Meta plans its first India data center at Reliance campus Chennai: Report

<h2>The deal between Meta, led by Mark Zuckerberg, and Reliance was allegedly finalized following discussions at the pre-wedding festivities of Anant Ambani in Jamnagar in early March</h2>

Meta is reportedly planning to establish its inaugural data center in India at the Reliance Industries campus in Chennai, as per sources familiar with the matter cited by the Economic Times.
The purpose of the data center is to produce content locally for Facebook, Instagram, and WhatsApp. The deal between Meta, led by Mark Zuckerberg, and Reliance was allegedly finalized following discussions at the pre-wedding festivities of Anant Ambani and Radhika Merchant in Jamnagar in early March. The precise value of the deal remains undisclosed, the report stated. About Reliance's Tamil Nadu campus The 10-acre campus is located in Chennai&rsquo;s Ambattur Industrial Estate. It is a three-way joint venture between Brookfield Asset Management, Reliance Industries and Digital Realty. It has can provide up to 100-Megawatt (MW) IT load capacity.

Meta, the parent company of Facebook and Instagram, suffered a major setback with a global outage, resulting in a loss of $3 billion and a decrease in Mark Zuckerberg's net worth.

Meta loses $3 billion in outage, Zuckerberg's net worth drops: Report

Meta, the parent company of Facebook and Instagram, suffered a major setback with a global outage, resulting in a loss of $3 billion and a decrease in Mark Zuckerberg's net worth.

Meta, the parent company of popular social media platforms Facebook and Instagram, suffered a significant setback on Tuesday, March 5th, 2024, as a global outage struck its services, resulting in an estimated loss of $3 billion, according to a report by India Today. The outage affected billions of users worldwide, leaving them unable to access their accounts.
According to the report, Meta's stock took a hit, closing down 1.6% at $490.22 on NASDAQ during the trading session on March 5th. Mark Zuckerberg, the founder, chairman, and CEO of Meta, saw a substantial decrease in his net worth, losing over $2.79 billion in a single day, bringing his total worth to $176 billion, as reported by the Bloomberg Billionaires Index. Despite this loss, Zuckerberg maintained his position as the world's fourth-richest person.
Reuters reported that Meta's status dashboard indicated issues with the application programming interface for WhatsApp Business, with around 200 outage reports on Downdetector. The outage affected various Meta-owned platforms, including Instagram, Facebook, Threads, and Messenger, leaving users unable to log in for over 30 minutes.
Elon Musk, CEO of Tesla and SpaceX, took a dig at Meta during the outage, posting on X (formerly known as Twitter), "If you're reading this post, it's because our servers are working," which garnered immediate reactions from users.
This setback comes after Meta experienced a surge in Zuckerberg's net worth by $27.1 billion in February 2024, following better-than-expected quarterly results.
With Zuckerberg holding approximately 350 million shares, he stands to gain about $175 million in each quarterly payment before taxes, according to Bloomberg data. Despite the recent outage and financial losses, Meta remains a dominant force in the global social media landscape. Also Watch: <a href="https://www.editorji.com/business-news/jeff-bezos-surpasses-elon-musk-as-world-s-richest-person-amidst-tesla-s-7-2-stock-fall-1709610165597">Jeff Bezos surpasses Elon Musk as world's richest person amidst Tesla's 7.2% stock fall</a>

Facebook, Instagram, Threads and Messenger experienced a global outage on Tuesday.&nbsp;

Facebook, Instagram, Threads down in global outage

Facebook, Instagram face global outage: reports
Reports: users unable to load app, send messages

Facebook, Instagram face global outage: reports

Facebook, Instagram, Threads and Messenger experienced a global outage on Tuesday.&nbsp;

Users of Meta's Facebook, Instagram, Threads and Messenger platforms are experiencing login issues in what appears to be a widespread outage.
Internet traffic observer Down Detector is reporting vast outages on several Meta platforms Tuesday. The problems are being reported across the world, suggesting that the outage could be global.
London-based internet monitoring firm Netblocks said on X that four Meta platforms -- Facebook, Instagram, Messenger and Threads -- were &ldquo;currently experiencing outages related to login sessions in multiple countries.&rdquo;
But the firm, which advocates for internet freedom, said there was no sign of &ldquo;country-level internet disruptions or filtering,&rdquo; which are typically imposed by governments.
Andy Stone, Meta's head communications, acknowledged the issues on X, formerly known as Twitter, and said the company is &ldquo;working on this now.&rdquo;&nbsp;

Meta and Amazon recorded a better-than-expected earnings on Thursday driven by its belt-tightening strategies that included layoffs, by which Meta reduced its headcount by 22% in 2023 and Amazon's job cuts impacted 35,000 people

Meta, Amazon stocks soar after reporting better-than-expected earnings

<h2>Meta and Amazon recorded a better-than-expected earnings on Thursday driven by its belt-tightening strategies that included layoffs, by which Meta reduced its headcount by 22% in 2023 and Amazon's job cuts impacted 35,000 people</h2>

Tech giants Meta and Amazon reported a better than expected earnings on Thursday, sending their stocks soaring. This comes as a validation to their belt-tightening strategies that included layoffs.&nbsp;
Both Meta and Amazon throughout 2023, had been involved in cost-cutting efforts and restructuring their business. Though this became a risk for the employees, many facing layoffs, investors have reaped the profits.
<h3>Tech Layoffs</h3>
Meta in 2023 reduced its headcount by 22%. However, it unveiled plans for a $50 billion stock buyback, and even announced its first ever quarterly dividend. This encouraged investors to stick to the stock.&nbsp;
Likewise, Amazon also intiated its biggest-ever round of corporate job cuts beginning in 2022 that affected about 35,000 people last year. For 2024, the company has said more positions will be eliminated in its Prime Video, studios and Twitch livestreaming businesses. However, the firm remained non-committal when the investors asked about any plans to return capital to shareholders.
As per Bloomberg, investors were happy to see tech companies &mdash; often prone to splurge on moonshot projects with no foreseeable payout &mdash; narrow their investments on profitable business lines, said Gil Luria, managing director at D.A. Davidson &amp; Co.
&ldquo;This new found cost discipline is paying off for investors as these companies were able to prune less productive businesses while still being able to invest some of those savings in the faster growing parts of their business,&rdquo; Luria told Bloomberg. &ldquo;At the same time, these companies have been able to accelerate revenue growth, thus significantly increasing margins.&rdquo;
<h3>Meta and Amazon's Performance</h3>
Both Meta and Amazon, reported holiday quarter revenue growth surpassing the estimates in their central businesses - digital advertising for Meta and e-commerce sales for Amazon. After this, Meta&rsquo;s shares went up 15% in extended trading while Amazon&rsquo;s stock rose more than 7%.
<h3>Preference for leaner business</h3>
Bloomberg in its report mentioned that Meta's CEO Mark Zuckerberg is refraining from investing big despite the strong business.
&ldquo;The biggest thing that&rsquo;s holding me back from doing that is that at this point I feel like I&rsquo;ve really come around to thinking that we operate better as a leaner company,&rdquo; he said Thursday. &ldquo;There are always these questions about adding a few people here or there to do something, and I guess I just have more of an appreciation about how all of that adds up.&rdquo;
A more focussed version of Meta would mean big investments into artificial intelligence advancements, both in generative AI and on the background technologies to help feed it social media products and power its ad targeting. As per Bloomberg, Zuckerberg is also still committed to VR and AR headsets, and the company&rsquo;s Reality Labs division building these kinds of technologies still lost $16 billion in 2023.
Despite this, Zuckerberg has mentioned that the company is planning to keep headcount growth &ldquo;relatively minimal&rdquo; for 2024.&nbsp;
Meanwhile, Amazon's CFO Brian Olsavsky said the company would be cautious about new investments. &ldquo;Where we can find efficiencies and do more with less, we&rsquo;re going to do that as well,&rdquo; he said.
For years, both Meta and Amazon had been re-investing profits into its companies which fueled hiring and expanding into new technologies and business lines.&nbsp;
&nbsp;

CEOs of Meta, TikTok, X and other social media companies testified before the US Senate committee looking into exploitation of children on social media.

 Meta, TikTok and other social media bosses testify before US committee on child exploitation

CEOs of Meta, TikTok, X and other social media companies testified before the US Senate committee looking into exploitation of children on social media.

Sexual predators. Addictive features. Self-harm and eating disorders. Unrealistic beauty standards. Bullying. These are just some of the issues young people are dealing with on social media &mdash; and children's advocates and lawmakers say companies are not doing enough to protect them.
On Wednesday, the CEOs of Meta, TikTok, X and other social media companies went before the Senate Judiciary Committee to testify as lawmakers and parents grow increasingly concerned about the effects of social media on young people's lives.
The hearing began with recorded testimony from kids and parents who said they or their children were exploited on social media.
&ldquo;They're responsible for many of the dangers our children face online,&rdquo; US Senate Majority Whip Dick Durbin, who chairs the committee, said in opening remarks. &ldquo;Their design choices, their failures to adequately invest in trust and safety, their constant pursuit of engagement and profit over basic safety have all put our kids and grandkids at risk.&rdquo; South Carolina Senator Lindsay Graham, the top Republican on the Judiciary panel, echoed Durbin's sentiments and said he's prepared to work with Democrats to solve the issue.
&ldquo;After years of working on this issue with you and others, I've come to conclude the following: social media companies as they're currently designed and operate are dangerous products," Graham said.
He told the executives their platforms have enriched lives but that it is time to deal with &ldquo;the dark side.&rdquo; Beginning with Discord's Jason Citron, the executives touted existing safety tools on their platforms and the work they've done with nonprofits and law enforcement to protect minors.
Snapchat had broken ranks ahead of the hearing and began backing a federal bill that would create a legal liability for apps and social platforms who recommend harmful content to minors. Snap CEO Evan Spiegel reiterated the company's support on Wednesday and asked the industry to back the bill.
TikTok CEO Shou Zi Chew said TikTok is vigilant about enforcing its policy barring children under 13 from using the app. CEO Linda Yaccarino said X, formerly Twitter, doesn't cater to children.
&ldquo;We do not have a line of business dedicated to children,&rdquo; Yaccarino said. She said the company will also support Stop CSAM Act, a federal bill that make it easier for victims of child exploitation to sue tech companies.
Yet child health advocates say social media companies have failed repeatedly to protect minors.
&ldquo;When you're faced with really important safety and privacy decisions, the revenue in the bottom line should not be the first factor that these companies are considering," said Zamaan Qureshi, co-chair of Design It For Us, a youth-led coalition advocating for safer social media. "These companies have had opportunities to do this before they failed to do that. So independent regulation needs to step in.&rdquo; Meta will likely be a central focus of the hearing, with the Menlo Park, California, tech giant being sued by dozens of states that say it deliberately designs features on Instagram and Facebook that addict children to its platforms and has failed to protect them from online predators.
New internal emails between Meta executives released by Senator Richard Blumenthal's office show Nick Clegg, president of global affairs, and others asking Meta CEO Mark Zuckerberg to hire more people to strengthen "wellbeing across the company&rdquo; as concerns grew about effects on youth mental health.
&ldquo;From a policy perspective, this work has become increasingly urgent over recent months. Politicians in the US, U.K., E.U. and Australia are publicly and privately expressing concerns about the impact of our products on young people's mental health,&rdquo; Clegg wrote in an August 2021 email.
The emails released by Blumenthal's office don't appear to include a response, if there was any, from Zuckerberg. In September 2021, The Wall Street Journal released the Facebook Files, its report based on internal documents from whistleblower Frances Haugen, who later testified before the Senate.
Meta has beefed up its child safety features in recent weeks, announcing earlier this month that it will start hiding inappropriate content from teenagers' accounts on Instagram and Facebook, including posts about suicide, self-harm and eating disorders.
It also restricted minors' ability to receive messages from anyone they don't follow or aren't connected to on Instagram and on Messenger and added new &ldquo;nudges&rdquo; to try to discourage teens from browsing Instagram videos or messages late at night. The nudges encourage kids to close the app, though it does not force them to do so.
But child safety advocates say its actions from the companies has fallen short.
&ldquo;Looking back at each time there has been a Facebook or Instagram scandal in the last few years, they run the same playbook. Meta cherry picks their statistics and talks about features that don't address the harms in question,&rdquo; said Arturo B&eacute;jar, a former engineering director at the social media giant known for his expertise in curbing online harassment who recently testified before Congress about child safety on Meta's platforms.
&ldquo;Instagram promises features that end up hidden in settings that few people use. Why is quiet mode' not the default for all kids?&rdquo; B&eacute;jar added. &ldquo;Meta says that some of the new work will help with unwanted advances. It is still not possible for a teen to tell Instagram when they're experiencing an unwanted advance. Without that information how can they make it safer?&rdquo; Google's YouTube is notably missing from the list of companies called to the Senate Wednesday even though more kids use YouTube than any other platform, according to the Pew Research Centre. Pew found that 93% of US teens use YouTube, with TikTok a distant second at 63%

The lawsuits accuse Meta of manipulating young users through dopamine responses, contributing to mental health issues in teenagers.

Meta faces legal heat from American States; accused of fueling mental health crisis in youth

<h2>The lawsuits accuse Meta of manipulating young users through dopamine responses, contributing to mental health issues in teenagers.</h2>

Over 40 states in the United States have filed lawsuits against Meta, the parent company of popular social media platforms Facebook and Instagram. The states, including California and Illinois, allege that Meta deliberately designed features on Instagram and Facebook to addict children and teenagers, exacerbating the ongoing youth mental health crisis, as per the Business Standard report.&nbsp;
The lawsuits, filed in a federal court in Oakland, California, accuse Meta of deceptive conduct aimed at maximizing its financial gains. Meta allegedly misled the public about the substantial dangers of its social media platforms, using powerful technologies to engage and ensnare young users. The company is accused of intentionally designing its platforms to manipulate dopamine responses, creating an addictive cycle of engagement.
New York Attorney General Letitia James stated that social media companies like Meta are responsible for the record levels of poor mental health among children and teenagers. Meta's platforms have been linked to negative outcomes such as depression, anxiety, and interference with education, and daily life, reported AFP.
The federal lawsuit stems from an investigation by a bipartisan coalition of attorneys general, following the release of documents in 2021 revealing Meta's knowledge of Instagram's addictive nature and its impact on teen girls' mental health. Despite this, Meta allegedly continued to encourage prolonged social media use among teenagers, knowing that young brains are particularly susceptible to the need for approval through social media interactions.
Meta responded by expressing disappointment in the legal action, emphasizing its commitment to providing safe online experiences for teens. The company claimed to have introduced over 30 tools to support teens and their families. However, the states argue that Meta's deliberate design choices have contributed significantly to the mental health challenges faced by young users.
Also Watch: <a href="https://www.editorji.com/business-news/south-korea-fines-openai-s-chatgpt-and-meta-platform-for-data-breaches-and-privacy-violations-1690542395035">South Korea fines OpenAI's ChatGPT and Meta Platform for data breaches and privacy violations</a>
&nbsp;

Meta Connect 2023 Event: Meta and Ray-Ban have collaborated to develop new smart glasses that have a dedicated camera for live streaming on Facebook and Instagram.

Meta Connect 2023 Event: Ray-Ban Meta Smart Glasses launched, offer hands-free live streaming to Instagram

Meta and Ray-Ban have collaborated to develop new smart glasses that have a dedicated camera for live streaming on Facebook and Instagram.

Ray-Ban Meta Smart Glasses launched, offer hands-free live streaming to Instagram

<h2>Meta Connect Event 2023: Meta and Ray-Ban have collaborated to develop new smart glasses that have a dedicated camera for live streaming on Facebook and Instagram.</h2>

Meta Connect 2023 Event: Meta, in collaboration with iconic eyewear brand Ray-Ban, has announced the launch of the Ray-Ban Meta Smart Glasses.
Revealed alongside the Meta Quest 3 and other impressive products, these smart glasses offer various features and a sleek design that sets them apart in the market.
<h3>Live streaming to Social Media Platforms</h3>
One of the standout features of the Ray-Ban Meta Smart Glasses is the ability to livestream videos directly to Facebook and Instagram.
Users can now share their experiences in real time, hands-free. This hands-free live-streaming feature offers a new level of convenience and freedom for users to capture and share their world with friends and followers.
<h3>Ray-Ban Meta Smart Glasses: Enhanced Camera and Speaker System</h3>
Equipped with a 12-megapixel camera sensor and an LED unit, the Ray-Ban Meta Smart Glasses offer high-quality photo and video capabilities.
Users can capture photos with a resolution of 3,024 x 4,032 pixels and record 1080p videos for up to 60 seconds. These media files can then be shared seamlessly using the Meta View app.
In addition, the Ray-Ban Meta Smart Glasses boast a dual open-ear speaker system, delivering 50 percent louder sound, deeper bass, and improved clarity compared to its predecessor, Ray-Ban Stories.&nbsp;
The new design also minimises audio leakage, providing a more immersive audio experience.
<h3>Ray-Ban Meta Smart Glasses: Sleek Design and Extended Battery Life</h3>
The Ray-Ban Meta Smart Glasses feature a stylish and sleek design, designed to appeal to fashion-conscious users.&nbsp;
Available in 150 different custom frame and lens design combinations, users have plenty of options to choose from to suit their personal style.
Powered by the Qualcomm Snapdragon AR1 Gen1 Platform SoC, these smart glasses offer fast and efficient performance.&nbsp;
With 32GB of inbuilt storage, users can store their photos, videos, and other media files conveniently.
The glasses come with up to four hours of battery life and can be charged within 75 minutes. Additionally, the charging case provides an additional 32 hours of battery life, ensuring users can use the glasses throughout the day without worrying about running out of power.
<h3>Ray-Ban Meta Smart Glasses Price and Availability</h3>
The Ray-Ban Meta Smart Glasses are currently available for pre-orders in 15 countries, including the US, Canada, Australia, and various European markets.
The official sale will kick off on October 17 in these regions. However, the Indian launch date has not been disclosed by Meta at this time.
Also watch: <a href="https://www.editorji.com/tech-news/meta-quest-3-mixed-reality-headset-launched-ahead-of-apple-s-vision-pro-1695884202665">Meta Quest 3 mixed reality headset launched ahead of Apple&rsquo;s Vision Pro</a>

South Korea fines OpenAI's ChatGPT 3.6 million won for a data breach and Meta platform 7.4 billion won for privacy violations. Strict actions for protecting user data

South Korea fines OpenAI's ChatGPT and Meta Platform for data breaches and privacy violations

South Korea fines OpenAI's ChatGPT 3.6 million won for a data breach and Meta platform 7.4 billion won for privacy violations. Strict actions for protecting user data

South Korea's Personal Information Protection Commission (PIPC) has recently imposed fines on tech giants OpenAI and Meta, the parent company of Facebook. OpenAI's chatbot, ChatGPT, has been fined 3.6 million won for a data breach incident on 27 July.
The breach was caused by a bug in an open-source library on ChatGPT, leading to the unintended exposure of personal information belonging to 687 South Korean citizens. The leaked data included payment details such as names, email addresses, the last four digits of credit card numbers, and credit card expiration dates of ChatGPT Plus subscribers. OpenAI confirmed the incident and acknowledged the affected users in South Korea.
The PIPC found that OpenAI failed to promptly report the data leakage to authorities within the required 24-hour period. Consequently, the company was held responsible for breaching its duty in protecting personal information. However, the commission also highlighted the need for enhanced personal information protection measures across the board.
To avoid similar incidents in the future, the PIPC has advised OpenAI to take preventive measures and adhere to South Korea's personal information protection law. The commission further urged the company to actively cooperate with the PIPC's inspection activities.
Meanwhile, Meta, the parent company of Facebook, has been slapped with a hefty fine of 7.4 billion won by the PIPC. This fine is related to the unauthorized collection and use of personal information for personalized online advertising.
The PIPC revealed that Meta had gathered personal information without obtaining proper user consent, and this violation took place before July 2018. The commission discovered that Meta secretly collected Facebook users' personal data through "Facebook Login," a feature that allows developers to integrate Facebook accounts with their applications or websites.
Previously, in September of the previous year, Meta had faced another fine of 30.8 billion won for failing to clearly inform users and obtain their consent when using their data for personalized advertisements.
Despite the seriousness of the offence, the PIPC has decided not to pursue a criminal complaint against Meta at this time. Instead, it granted the company a grace period to address the issues on its own and ensure compliance with data protection laws.
Also Watch: <a href="https://www.editorji.com/business-news/frontier-model-forum-google-microsoft-openai-anthropic-join-hands-to-tackle-ai-related-security-risks-1690461483435">Frontier Model Forum: Google, Microsoft, OpenAI, Anthropic join hands to tackle AI related security risks</a>

Meta Instagram Threads App: Meta launches Threads app in 100 countries and got huge response. It get 5 millions users have signup in first 4 hours. Know all about Twitter rivals Meta's Threads app and how to use it.

Meta launches Twitter app Threads: 5 million users sign ups in first 4 hours, Mark Zuckerberg says

In an attempt to challenge Twitter, Meta has launched a new application, the Threads app. Threads lets you maintain your Instagram usernames, followers, and verification status, and is best for sharing brief posts with a limit of 500 characters.

Meta's Threads Launched: 10mn users sign ups in first 7 hours; All you need to know about the Twitter rival

<h3>Meta's Threads app is aimed at taking on Twitter and achieving everything Bluesky and Mastodon set out to do</h3>

Meta's Threads app launched: Aiming to challenge the dominant position of Twitter in the microblogging space, Meta has unveiled the Threads app. The new platform has made waves, with a whopping 5 million sign-ups within its first 4 hours of operations, .
This significant interest in Threads is a testament to its appeal, especially amidst the turmoil surrounding Elon Musk's Twitter. Mark Zuckerberg, Meta's CEO, has steered the company to a promising start with this launch.
<h3>User Experience on Instagram's Threads App</h3>
Threads offers a unique platform for users to share short posts or updates, each with a 500-character limit. Beyond just text, users can incorporate links, images, and videos up to five minutes long, enabling diverse content sharing.
Instagram's Threads app extends its connectivity to Instagram, allowing easy sharing of posts on your Instagram stories or other platforms.
<h3>Your Step-by-Step Guide: Understanding How to Use Meta's Threads App</h3>
Getting started on Threads is simple, provided you have an Instagram account. Your Instagram login credentials will give you access to Threads.
Once signed in, users can create a personalized profile and follow their Instagram contacts directly on Threads, saving the time and effort required to build a fresh network.
Threads gives users granular control over their post visibility, enhancing privacy.
<h3>Instagram's Threads Features and Meta's Future Plans</h3>
Threads is equipped with several advanced features, including the options to unfollow, report, block, or restrict profiles. It also supports screen reader and AI-generated image descriptions, increasing its accessibility.
Meta CEO Mark Zuckerberg has hinted at future plans of making Threads compatible with ActivityPub protocol-supporting apps like WordPress and Mastodon. The goal is to make Threads content universally accessible.
Also watch: <a href="https://www.editorji.com/tech-news/mobiles/samsung-to-unveil-galaxy-z-fold-5-and-z-flip-5-at-galaxy-unpacked-event-on-july-26-1688622385067" target="_blank">Samsung to unveil Galaxy Z Fold 5 and Z Flip 5 at Galaxy Unpacked Event on July 26</a>
<h3>The Rivalry Intensifies: Meta's Threads vs. Twitter</h3>
With the launch of Threads, the competition between Meta and Twitter has escalated. Thanks to its close integration with Instagram, Threads can potentially gain a substantial user base rapidly. However, critics argue that Meta is exploiting the current dissatisfaction with Twitter for its benefit.
As Threads begins to carve out its space in the social media landscape, it promises to bring significant shifts in the industry. Whether you're merely intrigued by this new platform or actively exploring a Twitter alternative, this guide provides all the information you need to begin your journey with Meta's Threads. Now, it's time to dive in and explore the platform yourself.

You can now get a paid blue tick on Facebook and Instagram as Meta Verified is now available in India.

Meta Verified available in India: Here’s how to apply for it and how much it costs

You can now get a paid blue tick on Facebook and Instagram as Meta Verified is now available in India.

Meta has officially launched its verification service in India, allowing users to get a blue tick beside their name on Facebook and Instagram for ₹699 per month.
To be verified, users must submit a government-issued ID and a selfie video. Meta will then verify the user's identity and, if approved, will add the verified badge to their profile.
The verification service is currently only available in India on Android and iOS. Web users can join a waitlist for the service here.
There are a few things to keep in mind about the Meta verification service. First, users must be at least 18 years old to be verified.
Second, a Meta Verified subscription does not apply to both Instagram and Facebook. So, in order to be verified on both platforms, users will need to subscribe to the service separately. This will cost ₹1,398 per month.
Finally, it's important to note that Meta Verified is not a guarantee that a user's account will be safe from scams or abuse. Meta will still investigate reports of abuse and take action against users who violate its policies.
How to apply for Meta Verified on Instagram:
<ol>
<li>Open the Instagram mobile app.</li>
<li>Go to your profile and tap Settings.</li>
<li>Tap Accounts Center and then Meta Verified.</li>
<li>If Meta Verified is available for your account, select the profile you want to verify and tap Confirm your identity.</li>
<li>Upload a clear photo of your ID and a selfie video.</li>
<li>Tap Submit.</li>
</ol>

Meta's upcoming Twitter alternative, codenamed "Project 92," has been leaked revealing its UI and features

Meta to launch Twitter rival “Threads” in June

Meta's upcoming Twitter alternative, codenamed "Project 92," has been leaked revealing its UI and features

Meta's upcoming Twitter alternative, codenamed "Project 92," has been leaked revealing its UI and features. Internal slides obtained by The Verge, showcase a text-focused derivative of Instagram that incorporates elements from Twitter. The app includes a blue tick verification system and familiar interaction buttons like Twitter. Similar to Twitter, the app employs a threaded approach to distinguish replies to original posts.Rumoured to launch in June, the app is potentially named Threads. Users will log in using their Instagram accounts, seamlessly transferring their details. The app is expected to support text updates of up to 500 characters, photos, and videos up to five minutes in length, and carry over blocked preferences from Instagram.

After launching a waitlist five weeks ago, Meta has now launched its subscription service Meta Verified in India for ₹599 and ₹699 per month 

Meta verified is now available in India, check the price here 

After launching a waitlist five weeks ago, Meta has now launched its subscription service Meta Verified in India for ₹599 and ₹699 per month&nbsp;

Meta launched its subscription service, Meta Verified, in India. This came five weeks after the firm first introduced a waitlist for Meta Verified in India. On his Instagram, Mark Zuckerberg posted the update, announcing that Brazil will soon join India, the UK, and Canada in offering Meta Verified.&nbsp;
Meta announced in March of this year that Meta Verified would be offered in India for a monthly subscription fee of ₹599 for web-based subscribers (Facebook only). The monthly subscription fee for Meta Verified is set at ₹699 for users of Android and iOS.
Meta will use government identification to verify a user's account and give the account a blue badge. Previously, Meta's blue badges were free and reserved for notable public figures or businesses.
Subscribers will also get extra protection against account impersonation and direct access to customer support, Meta said.
&ldquo;This new feature is about increasing authenticity and security across our services," Zuckerberg said in his message.
Meta said public figures and others who were previously verified won't be affected by the change. Meta Verified is aimed at influencers and others who use social media for their business but aren't notable public figures.

Meta may launch a microblogging platform to compete with Twitter. The new website, code-named Barcelona, will integrate Instagram into its operations

Meta may launch micro-blogging site to rival Twitter, by end of June

Meta may launch a microblogging platform to compete with Twitter. The new website, code-named Barcelona, will integrate Instagram into its operations

Meta may introduce a microblogging platform by the end of June. As per reports, the platform has the potential to compete with Twitter, but, right now It is undergoing alpha testing and bug-checking under the codename Barcelona, as per ANI.
A post on the platform can have up to 500 characters. Additionally, users will be able to effortlessly move between Instagram and the new microblogging platform. The new platform may also let users use hashtags, which are a significant element of Twitter as well.&nbsp;
Last month a Business Insider report indicated that Barcelona will be a decentralized text-based social network. A prototype indicated that the proposed tagline would be 'Instagram for your thoughts'.
As per a March report from Moneycontrol, users will be able to log on to the new site via their Instagram handles. Barcelona is likely to compete with a barrage of Twitter replacements that have emerged in recent years&nbsp;

Meta asks staff to come to start work from office three days per week, the action is a part of the organisation's larger effort to work more effectively

Employees at Meta must work from offices beginning in September

Meta asks employees to come to start work from office three days per week, the action is a part of the organisation's larger effort to work more effectively

Meta will begin enforcing a new policy from September requiring employees to work from office three days a week. This is in line with tech companies across the board trying to limit remote working.&nbsp; Bloomberg cited unnamed insiders with knowledge of the situation who said that the corporation intends to increase productivity and efficiency by asking employees to return to office.
However, current remote workers will be permitted to continue working from their present locations.&nbsp;&nbsp;
Meta CEO Mark Zuckerberg previously stated in March that an internal investigation found that engineers earlier in their careers perform better while working in-person with coworkers for at least three days a week. Zuckerberg urged Meta staff members to look for more possibilities for in-person collaboration in a public post.
10,000 people were let go by Meta after a protracted procedure that started in March.
Meta also terminated numerous rounds of hiring for 5,000 open positions and eliminated 11,000 roles in November.
Since November, when the organisation had roughly 87,000 employees, about 21,000 people have lost their employment at Meta, cutting the company's worldwide headcount by about a quarter.
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